USD

Coinbase says it is "temporarily pausing" conversions of USDC into USD during the weekend; USDC traded at ~$0.90 as investors reacted to Circle's SVB exposure (Bloomberg)

March 11, 2023

[ad_1] Bloomberg: Coinbase says it is “temporarily pausing” conversions of USDC into USD during the weekend; USDC traded at ~$0.90…

Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting

March 3, 2023

[ad_1] Join the most important conversation in crypto and web3! Secure your seat today Binance USD, the Paxos-issued stablecoin under…

Coinbase will suspend trading for Binance USD Stablecoin on March 13, as it doesn't meet its listing standards; users will still be able to access their BUSD (Derek Andersen/Cointelegraph)

February 27, 2023

[ad_1] Derek Andersen / Cointelegraph: Coinbase will suspend trading for Binance USD Stablecoin on March 13, as it doesn’t meet…

Research: total USD invested in Chinese startups fell by ~75% in 2022; 19% of the total capital put into Chinese startups was in USD, compared to 39% in 2021 (Financial Times)

February 19, 2023

[ad_1] Financial Times: Research: total USD invested in Chinese startups fell by ~75% in 2022; 19% of the total capital…

Binance says the NYDFS ordered Paxos to stop issuing more of its Binance USD stablecoin, which has 6.2M holders; Paxos will continue redemptions (Wall Street Journal)

February 13, 2023

[ad_1] Wall Street Journal: Binance says the NYDFS ordered Paxos to stop issuing more of its Binance USD stablecoin, which…

Sources: the SEC has told crypto firm Paxos it plans to sue the company, alleging the Binance USD token, which it issues and lists, is an unregistered security (Wall Street Journal)

February 13, 2023

[ad_1] Wall Street Journal: Sources: the SEC has told crypto firm Paxos it plans to sue the company, alleging the…

Binance is "temporarily suspending US dollar bank transfers" on February 8 and says 0.01% of its monthly active users use USD bank transfers (Helene Braun/CoinDesk)

February 6, 2023

[ad_1] Helene Braun / CoinDesk: Binance is “temporarily suspending US dollar bank transfers” on February 8 and says 0.01% of…

In a bankruptcy filing, Celsius says it expects ~$70M of "proceeds from repayment of USD denominated loans", which could help it operate through the end of 2022 (Krisztian Sandor/CoinDesk)

September 2, 2022

[ad_1] Krisztian Sandor / CoinDesk: In a bankruptcy filing, Celsius says it expects ~$70M of “proceeds from repayment of USD…

CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC stablecoin circulation rose by $3.4B and Binance USD is up $1.2B (Emily Nicolle/Bloomberg)

May 18, 2022

[ad_1] Emily Nicolle / Bloomberg: CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle’s USDC stablecoin…

Tether, the largest stablecoin, briefly drops to a 24-hour low of $0.96; Finance USD and USDC are trading at $1.08 and $1.09, respectively (Andrew Rummer/The Block)

May 12, 2022

[ad_1] Andrew Rummer / The Block: Tether, the largest stablecoin, briefly drops to a 24-hour low of $0.96; Finance USD…